Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl

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Equity
Direct
Large & Mid-Cap

NAV: ₹ 67.9 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
126 people have invested ₹ 2.4L in mutual fund in the last three months

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-3.1%
-1.7%
-0.3%
-4.1%
19%
13.7%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-2.8%
-3.2%
1.7%
-0.6%
16.7%
10.5%
About the Fund

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Neelesh Surana, Ankit Jain. The fund could potentially beat inflation in the long-run.

Key parameters

1) Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl has a NAV of 67.895 as on 03-02-2023.

2) Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl has 24055 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.69 %.

Fund Overview

Expense ratio
Expense ratio
0.69%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹24055 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
66.35%

Fund Distribution as on (31-Dec-22)

  • Equity 99.7%
  • Debt & Cash 0.3%
Size breakup
Large cap
52.5%
Mid cap
35.5%
Small cap
11.7%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

31.8%

Consumer Cyclical

15.4%

Basic Materials

10.8%

Tech

8.5%

Industrial

8.3%

Health

7.3%

Energy

4.6%

Utilities

4.5%

Consumer Defensive

4.4%

Communication

3.8%

Real Estate

0.5%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings72
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 588.3 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 24.1K Cr
Nov'22
₹ 24.6K Cr
Oct'22
₹ 23.7K Cr

Fund Returns vs Benchmark

Jan'23
2.59%
5.37%
Dec'22
3.67%
2.63%
Nov'22
2.59%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
73
72
72
Top 5 Company Concentration
22.8%
23.1%
23.2%
Company having highest exposure
HDFC Bank Ltd (5.9%)
HDFC Bank Ltd (5.7%)
HDFC Bank Ltd (5.5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
74.6%
73.2%
73.6%
Sector having highest exposure
Financial Services (31.8%)
Financial Services (31.3%)
Financial Services (31.5%)

Fund Manager

Neelesh Surana

Neelesh Surana

Fund Manager of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl, since 9 July 2010
Ankit Jain

Ankit Jain

Fund Manager of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl, since 31 January 2019

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.19L Cr
as on 31-Dec-2022
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Email
customercare@miraeasset.com

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 21.5% since inception which is more than its category average return of 14.97%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.75% in Equity, 0% in Debt and 0.25% in Cash related instruments
AUM size ₹24055 Cr

AUM size ₹24055 Cr

This fund has AUM of ₹24055 Cr which is more than its category average of ₹ 4162 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.53%

Frequently Asked Questions

The current NAV of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is 67.9 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-3.06%
-3.06%
6 Month Returns
-0.34%
-0.34%
1 Year Returns
-4.1%
-4.1%
3 Years Returns
68.73%
19.05%
5 Years Returns
89.79%
13.67%
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0.69 as on January 2023
24055 Cr as on January 2023
HDFC Bank Ltd(5.89%),ICICI Bank Ltd(4.83%),Axis Bank Ltd(4.53%),Reliance Industries Ltd(3.76%),Infosys Ltd(3.76%) as on January 2023
Financial Services(31.77%),Consumer Cyclical(15.36%),Basic Materials(10.73%) as on January 2023
The alpha ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
-5.73
0.78
2.05
As on January 2023
The alpha for Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
0.84
0.94
0.94
As on January 2023
The Beta for Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
-0.49
0.67
0.47
As on January 2023
The sharpe ratio for Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
14.62
22.67
19.78
As on January 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.97 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.05 as on January 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Ankit Jain,Neelesh Surana are the fund managers of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl
The Exit load of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.